St Paul's Way Trust School: school finances
Large reserves
Holds £1.8m in reserve, 8% of a year's income.
Latest full year 2024-25, as a academy (accounts return, September–August). Tower Hamlets · All-through · Academy converter.
Academies in a trust don't hold money on their own: UNIVERSITY SCHOOLS TRUST, EAST LONDON can move money between its schools. The reserve includes this school's per-pupil share of the trust's central reserve.
Reserve at the end of each year, 2018-19 to 2024-25
Income and spending, 2018-19 to 2024-25
Income Spending
Show the figures as a table
| Year | Income | Spending | Balance | Reserve | Pupils |
|---|---|---|---|---|---|
2018-19 | £14.6m | £14.3m | +£272k | £1k | 1,648 |
2019-20 | £16.8m | £15.7m | +£1.1m | £1k | 1,734 |
2020-21 | £16.5m | £14.8m | +£1.6m | £1.1m | 1,791 |
2021-22 | £18.2m | £17.2m | +£1.0m | £1.4m | 1,805 |
2022-23 | £19.1m | £18.4m | +£662k | £1.1m | 1,868 |
2023-24 | £21.4m | £19.1m | +£2.3m | £1.8m | 1,853 |
2024-25 | £22.1m | £21.7m | +£403k | £1.8m | 1,871 |
Compared with similar schools
Similar schools are the 30 all-through schools in London closest in size and in the share of pupils on free school meals. Its reserve, as a share of income, is higher than 50% of them. It spends £11,600 a pupil in total; similar schools typically spend £8,804.
This school Middle half of similar schools Similar schools’ median
Show the comparison as a table
| Spending per pupil | This school | Similar schools (median) | Middle half |
|---|---|---|---|
Teachers | £4,413 | £4,910 | £4,388–£5,478 |
Support staff (e.g. TAs) | £2,429 | £928 | £373–£1,219 |
Supply staff | £822 | £280 | £113–£468 |
Admin and clerical | £421 | £558 | £414–£728 |
Premises | £572 | £493 | £405–£577 |
Energy | £176 | £155 | £132–£201 |
Learning resources & ICT | £590 | £413 | £347–£472 |
Bought-in services | £110 | £143 | £56–£219 |
Compare side by side with the 3 most similar schools
Which schools are these?
- Edmonton County School Large reserves
- Ark John Keats Academy Large reserves
- Langdon Academy Large reserves
- Saint Mary Magdalene Church of England All Through School Heading for deficit
- Alec Reed Academy Large reserves
- London Academy Large reserves
- Dunraven School Large reserves
- Harris Academy Chobham Large reserves
- Harris Garrard Academy Healthy
- Ark Academy Healthy
- Oasis Academy Hadley Large reserves
- Bobby Moore Academy Tight
Where the money comes from, 2024-25
| Source | Amount | Per pupil |
|---|---|---|
Government grants | £21.7m | £11,604 |
SEN funding (part of grants) | £1.7m | £933 |
Self-generated (lettings, catering, donations) | £394k | £211 |
Questions to ask the school
Useful for parents, governors and PTA committees.
- What are the reserves set aside for, and when will they be spent on current pupils?
- Spending on supply staff is £822 a pupil, against a typical £280 for similar schools. What's behind that?
- Spending on support staff (e.g. tas) is £2,429 a pupil, against a typical £928 for similar schools. What's behind that?
- Spending on learning resources & ict is £590 a pupil, against a typical £413 for similar schools. What's behind that?
Check these figures
Every figure here comes from the school's published return to the DfE. Check it on the DfE benchmarking page for this school, and see how the status is worked out.
Admissions, Ofsted and results for St Paul's Way Trust School · All Tower Hamlets school finances